- adsvoo

Bloom Tower: A Bold N20 Billion Statement in Nigerian Real Estate – Blessing Obomovo

By Obah Sylva

Standout Property Limited has firmly established itself as a force in Nigeria’s real estate sector, with the launch of its ambitious Bloom Towers in Victoria Island, Lagos. The 21-floor twin-tower project, valued at over N20 billion, is poised to redefine luxury living and commercial real estate in the country.

In an exclusive interview with The Trumpet, CEO and Managing Director of Standout Property Limited, Blessing Obomovo, shared insights into his journey, the company’s growth, and the vision behind Bloom Towers.

Blessing Obomovo, a native of Isoko North Local Government Area in Delta State, holds a degree in Building Technology and a Master’s in Housing Development and Management from the University of Ibadan. His journey into real estate was fueled by determination, perseverance, and unwavering faith in God.

“We didn’t get here by accident. It took hard work and dedication to make Standout Property what it is today. However, we are just at the beginning compared to the vision we have,” Obomovo stated.

According to Obomovo, Bloom Towers is a bold and audacious project featuring 19- and 21-floor twin towers that will accommodate luxury offices, shops, and residential apartments. The development offers high-grade finishing and top-notch amenities, including a gym, lounge, and laundry services.

“We are providing a mix of office spaces and residential apartments, with flexible payment plans. A one-bedroom flat goes for N80 million, while a three-bedroom penthouse is priced at N205 million. We also have a structured installment plan, allowing buyers to make payments over 30 months,” he explained.

Standout Property Limited, founded in 2010, began as a small building contractor before venturing into property development. The company has since delivered notable projects, including the MIJL Residence and Villa, which boasts 155 housing units.

“Our projects have evolved from MIJL to Bloom Haven, which is currently 40% completed, and we are also developing Cynergy Gardens in Lagos. In Warri, construction is ongoing for multiple residential units, including a stand-alone four-bedroom duplex,” Obomovo revealed.

While most of Standout Property’s developments are concentrated in Lagos, the company is eyeing expansion into Abuja, Port Harcourt, and Yenagoa. Obomovo emphasized that the company aims to be a leader in housing development across Nigeria.

“In the next ten years, we plan to establish ourselves in at least 50% of Nigeria’s state capitals. Our goal is to provide affordable luxury housing while maintaining quality standards,” he said.